Announced
Completed
Synopsis
MEAG MUNICH ERGO Asset Management, an asset management company, completed the acquisition of seven convenience centers in Trei Real Estate, a real estate services company. Financial terms were not disclosed. “Food-anchored retail park properties remain high on the shopping list of our in-house and third-party clients. No matter whether you have a pandemic or a recession on your hands, people need to eat. Accordingly, we consider this a crisis-resistant investment. Moreover, we have faith in these well-established locations whose catchment areas are characterised by high purchasing power," Magnus von Hagen, MEAG Transaction Manager.
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